Table 3

Rotated component matrix

VariablesComponents
123
1. Effective Management/Policy Framework (Cronbach Alpha = 0.994)
Availability of standard regulatory framework0.934  
Expansion of service delivery0.930  
Productivity and efficiency in service delivery0.903  
Improved financial discipline0.902  
Improved self-sustainability of infrastructure services0.899  
Increased investment in infrastructure services0.895  
Increased accessibility to infrastructure Services0.892  
Technical/operational competence0.889  
Efficient personnel management0.889  
Managerial expertise0.885  
Inclusion of environmental norms in private participation arrangements0.884  
Improvement in the enforcement of environmental protection laws0.882  
Opportunity to improve the Nation's fiscal policy0.881  
Reduction of leakages and wastages0.879  
Improved service reliability and continuity0.876  
Sustainable pricing policies0.876  
Attempt by PSP to cut expenditure on safety and security of supply for increased profit margin0.874  
Safety and security of service supply0.870  
Increased availability of resources for investing in expansion0.867  
Opportunity for government to raise revenue for much-needed social programs0.863  
Availability of Resources for Investing in Expansion0.862  
Better quality of service to consumers0.858  
Improvement in the financial performance of the infrastructure0.854  
Reduced need for resources on back up Facilities0.844  
Adequate allocation and management of associated risk in the investment0.843  
Reduction in wasteful cost0.831  
Improved quality of product supply0.825  
Transparency in charges0.720  
Reduced financial losses0.700  
Increase in employment0.680  
Reduction in prices of infrastructure Services0.651  
Reduced financial constraints on the government0.630  
2. Service Competitiveness and Effectiveness (Cronbach Alpha = 0.968)
Reduction in revenue to the government 0.964 
Private participation may warrant laying off staff 0.948 
Increase in wages and salaries 0.889 
Private participation may allow for competition 0.874 
Services may be less accessible to the poor 0.845 
Services may be less affordable to low-income earners 0.841 
Possibilities of private participation leading to corruption 0.817 
Effective revenue collection of user fees 0.758 
Reduction in employment 0.732 
3. Price Increase
Increase in prices of services  0.735
Rotation Sum of Squared Loadings
Total24.33411.7582.395
% of Variance57.93927.9945.703
Cumulative %57.93985.93391.635
Initial Eigen Value
Total32.7594.1061.622
% of Variance77.9989.7773.861
Cumulative %77.99887.77491.635

Note(s): Extraction Method: Principal Component Analysis

Source(s): Authors’ own work

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